$3,998,000
NEW CONSTRUCTION $300K PRICE DROP

Estimated payment $23,045/month

Total Views 15,507
28 Beds
28 Baths
8,247 Sq Ft
$485 Price per Sq Ft

Highlights

  • 24-Hour Security
  • Open Floorplan
  • Property is near public transit
  • New Construction
  • Dual Staircase
  • 1-minute walk to Denker Recreation Center

About This Home

Exceptional Turnkey Investment Opportunity Near USC/Expo Park! West Shores Realty is proud to present 1570 W 36th Street, a striking new-construction duplex offering a rare blend of scale, income, and location just minutes from USC and Exposition Park. Built from the ground up in 2022, this 3-story, co-living property spans over 8,000 square feet of living space on a 6,800 sq. ft. lot. The property features two expansive units: one with 15 bedrooms and 15 bathrooms, the other with 13 bedrooms and 13 bathrooms. Each resident enjoys the privacy of their own spacious bedroom and ensuite bath, while shared kitchens and living areas on every floor promote a vibrant community atmosphere. Kitchens are equipped with sleek quartz countertops, thermofoil cabinetry, and stainless-steel appliances. Additional amenities include central air conditioning, in-unit laundry on each level, and ample on-site parking including a two-car garage, long driveway, and rear tandem spaces. The gated premises and low-maintenance landscaping offer both security and curb appeal. Its convenient location, less than a mile from USC's campus and just minutes from the Metro Expo Line, makes it a prime choice for student housing and working professionals. Whether you're into art, sports, or live events, Expo Park delivers it all. The unbeatable location makes accessing iconic landmarks like the LA Memorial Coliseum and LA Live, as well as modern attractions like BMO Stadium and the upcoming George Lucas Museum of Narrative Art (opening in 2026), an absolute breeze. Currently master-leased to a top-tier student housing agency at an average monthly rent of $25,200, the property delivers a solid 6.2% CAP rate as-is, with an estimated 30% upside in potential rent growth. At just $153,500 per door, this is one of the most competitively priced, high-yield investments in the USC/Expo Park area.

Listing Agent

Gabriela Pineda

West Shores Realty, Inc. License #02092770 Listed on: 06/23/2025

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,868

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,799 Sq Ft Lot
  • Gated Home
  • Landscaped
  • Lawn
  • Back and Front Yard

Home Design

  • Modern Architecture
  • Turnkey

Interior Spaces

  • 8,247 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Wired For Data
  • Recessed Lighting
  • Living Room
  • Dining Area
  • Laminate Flooring

Kitchen

  • Open to Family Room
  • Oven or Range
  • Gas and Electric Range
  • Freezer
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 28 Bedrooms
  • Remodeled Bathroom
  • 28 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 8 Parking Spaces
  • Side by Side Parking
  • Driveway
  • Automatic Gate

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating
  • Tankless Water Heater

Community Details

  • 2 Units
  • 24-Hour Security

Listing and Financial Details

  • The owner pays for gardener
  • Assessor Parcel Number 5041-016-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,868

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: Yes
  • Living Area: 8247
  • Lot Acreage: 0.1561
  • Probate: No
  • Property Condition: New Construction, Updated/Remodeled
  • Stories: 3
  • Year Built: 2022
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Pre-wired for high speed Data, Recessed Lighting, Storage Space, Open Floor Plan, 2 Staircases, Turnkey
  • Number Disposal: 6
  • Number Range: 6
  • Number Refrigerator: 6
  • Flooring: Wood Laminate
  • Appliances: Gas/Electric Range
  • Bedrooms: 28
  • Common Walls: Attached
  • Bathroom Features: Remodeled, Tile
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Quartz Counters, Open to Family Room
  • Laundry: Inside, In Living Room
  • Laundry Equipment: Own
  • Total Bathrooms: 28.00
  • Den: 0
  • Equipment: Refrigerator, Freezer, Range/Oven, Dryer, Washer, Garbage Disposal, Stackable W/D Hookup
  • Price Per S Q F T: 484.78

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Paved: Yes
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Driveway, Auto Driveway Gate, Garage - 2 Car, Side By Side
  • Total Parking: 8

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Security: Gated, Automatic Gate, Exterior Security Lights, Carbon Monoxide Detector(s), Smoke Detector, Fire Sprinklers, 24 Hour

Lot Info

  • Assessed Improvement Percent: 23.81
  • Assessed Improvement Value: 268048
  • Assessed Land Percent: 76.19
  • Assessed Land Value: 857760
  • Total Assessed Value: 1125808
  • Assessor Parcel Number: 5041-016-017
  • Lot Description: Front Yard, Lawn, Landscaped, Back Yard, Automatic Gate, Exterior Security Lights
  • Lot Location: City, Near Public Transit
  • Lot Size Area: 6799

Rental Info

  • Number Leased: 28
  • Monthly Gross Income: 23660.00
  • Owner Pays: Gardener
  • Tenant Pays: Electricity, Gas, Janitorial Service, Water, Trash Collection

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.60
  • Number Of Units: 2
  • Total Annual Expense: 26905
  • Type Of Units: 2
  • Vacancy Rate: 0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,868 $1,070,000 $800,000 $270,000
2024 $13,868 $1,125,808 $857,760 $268,048
2023 $13,604 $1,103,735 $840,942 $262,793
2022 $12,977 $1,082,094 $824,453 $257,641
2021 $12,817 $1,060,878 $808,288 $252,590
2020 $4,467 $350,288 $229,698 $120,590
2019 $4,298 $343,421 $225,195 $118,226
2018 $4,187 $336,688 $220,780 $115,908
2016 $3,993 $323,615 $212,207 $111,408
2015 $3,936 $318,755 $209,020 $109,735
2014 $3,961 $312,512 $204,926 $107,586
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $3,998,000 -7.0% $485 / Sq Ft
06/23/2025 06/23/25 For Sale $4,298,000 0.0% $521 / Sq Ft
10/08/2024 10/08/24 Off Market $3,750 -- --
08/10/2023 08/10/23 For Rent $3,750 0.0% --
01/30/2020 01/30/20 Sold $1,050,000 -8.7% $652 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
08/03/2019 08/03/19 For Sale $1,150,000 -- $714 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Deed -- --
Grant Deed $1,050,000 Provident Title Company
Grant Deed $305,000 Chicago Title Company
Grant Deed $190,000 Chicago Title Company
Trustee Deed $220,090 Accommodation
Grant Deed $490,000 Orange Coast Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,600,000 New Conventional
Previous Owner $1,200,000 Commercial
Previous Owner $659,500 New Conventional
Previous Owner $359,000 New Conventional
Previous Owner $297,268 FHA
Previous Owner $1,000 Unknown
Previous Owner $1,000 Unknown
Previous Owner $98,000 Stand Alone Second
Previous Owner $392,000 Purchase Money Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 25554837

The MLS

APN: 5041-016-017